Nextage Therapeutics Ltd Defensive Interval Ratio
Nextage Therapeutics Ltd defensive interval ratio. Nextage Therapeutics Ltd (NXTG) has a Defensive Interval Ratio of 3 days as of December 2024. Defensive assets of ILA46.00K (cash ILA-, short-term investments ILA-, receivables ILA46.00K) cover 3 days of daily cash needs of ILA16.04K/day. See NXTG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Nextage Therapeutics Ltd (2016–2024)
Defensive interval ratio of Nextage Therapeutics Ltd from 2016 to 2024. This chart shows how Nextage Therapeutics Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 3 days, meaning defensive assets of ILA46.00K can fund 3 days of operations without new revenue. Check NXTG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Nextage Therapeutics Ltd Defensive Interval Ratio by Year (2016–2024)
Nextage Therapeutics Ltd defensive interval ratio by year from 2016 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Nextage Therapeutics Ltd from 2016 to 2024, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see Nextage Therapeutics Ltd total assets.
| Year | DIR (days) | Defensive Assets (ILA) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 3 days | ILA46.00K | ILA16.04K/day | ILA- | ILA- | ▼ -22 days |
| 2023 | 25 days | ILA253.00K | ILA10.21K/day | ILA- | ILA- | ▲ +22 days |
| 2022 | 3 days | ILA13.00K | ILA4.85K/day | ILA- | ILA- | ▼ -108 days |
| 2021 | 111 days | ILA783.00K | ILA7.05K/day | ILA- | ILA99.00K | ▼ -3 days |
| 2020 | 114 days | ILA470.00K | ILA4.12K/day | ILA- | ILA35.00K | ▼ -40 days |
| 2019 | 154 days | ILA305.00K | ILA1.98K/day | ILA- | ILA122.00K | ▲ +102 days |
| 2018 | 52 days | ILA272.00K | ILA5.19K/day | ILA- | ILA122.00K | ▼ -25 days |
| 2017 | 78 days | ILA302.00K | ILA3.88K/day | ILA- | ILA122.00K | ▲ +29 days |
| 2016 | 49 days | ILA236.00K | ILA4.85K/day | ILA- | ILA- | — |